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C3.ai CEO sells $4.2 million of shares after options exercise
The CEO exercised 462,565 options at a $3.90 strike and sold the resulting shares at a weighted average $9.18, taking a spread of $5.28 per share.
C3.ai CEO and Chairman Thomas M. Siebel disclosed the sale of 462,565 shares of Class A common stock on July 14 and July 15, 2026, according to an SEC Form 4 referenced by Yahoo Finance.
The transaction followed an options exercise at a $3.90 strike price, with the resulting shares sold immediately at a weighted average price of $9.18. The sales were spread across two trading days, and the post-transaction reference price was $9.14 at the July 15 market close.
Yahoo Finance reports Siebel still holds about 2.9 million derivative securities and maintains indirect control over roughly 1.5 million shares through four entities, including the Siebel 2011 Irrevocable Children's Trust and other holdings.
C3.ai shares had recorded a -66% one-year total return as of the July 15, 2026 market close, and the Form 4-linked disclosure indicates the CEO realized a $5.28 per share spread over the option exercise price. The sale represented 17% of his total equity holdings, and he remains a beneficial holder of 2,216,684 shares, or about a 1% stake, as cited by Yahoo Finance.